Monday , 18 March 2024

The Dollar is Toast! The Future is Silver (+3K Views)

Psychologists tell us that there are five stages of grief over loss of whatever kind, usually death, or breaking up with a loved one, which are: denial, anger, bargaining, depression, acceptance. I’ve applied these to the loss of the dollar, as I see most people today are still stuck in denial, and here’s how to deal with that. Words: 1100 

So says Jason Hommel (http://silverstockreport.com) in edited excerpts from his original article*. 

Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!), has further edited ([ ]), abridged (…) and reformatted the article below for the sake of clarity and brevity to ensure a fast and easy read. The author’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article. Please note that this paragraph must be included in any article re-posting to avoid copyright infringement.

Hommel goes on to say, in part:

1. Denial

Most people in America are in total denial but the dollar is done. Most probably don’t think it’s done, because we all still use dollars to buy things but do you notice prices going up? That’s the key sign that the dollar is done. The dollar is abandoning you. The dollar does not care about you, and you have to deal with it. People in denial will repeat the many lies taught to us all by the media and schools. The most popular of these
delusions are, in order:

  • gold is too high now,
  • how would I sell it,
  • gold bugs are crazy,
  • I’m not sophisticated enough to invest in gold, and the classic denial line,
  • I don’t want to hear anymore about gold.

Back in Dec. 2009, the most popular statement of denial was “gold is too high now”, and that was when gold was $1200/oz. Today, almost two years later, gold is $1785, and climbing. Clearly, everyone who thought gold had topped out were simply in denial.To get past denial you must…acknowledge reality, accept it, and deal with it.

Best way to cope? Start buying silver, or work past the next stages of grief.

2. Anger

Very few of my readers have hit the anger stage. Not even many prospective silver or gold buyers have hit this stage. Some anger is out there, as it’s manifesting itself in the Tea Party movement, and now in the Occupy Wall Street movement, but those are still very small movements. They will get bigger.

To get past the anger stage, move towards feelings of pity. Pity those who are not smart enough to buy silver, because they are the ones who will be wiped out. Pity even the bankers with their billions and billions of dollars, because the silver market is still too small for them to buy into it, and as deceivers, they are self-deceived, too. Pity them. 

You won’t be wiped out, because you have silver, right? Right?? Well, not many in the Tea Party or Occupy Wall street movements have silver, but that’s because they are still stuck in the anger stage.

Get past it. Buy silver.

3. Bargaining

This is not about using silver to bargain for things. It’s about thinking you can fix things. At this stage, you may think that you can get involved in politics to try to fix the dollar. Nope. It’s way beyond that. Donations to Ron Paul’s campaign will not save the dollar. In fact, Ron Paul might help to destroy the dollar even faster, even if he is capable of reducing government spending. Even if Ron Paul were to become president, however, there is still Congress, who would keep spending, and who is a reflection of the will, the selfishness, and the delusions of the American people.

Perhaps you may think that you can find numerous investments that will outpace the decline of the dollar, so that you can buy more gold and silver. Well, I certainly thought this way for a while. Occasionally, I still do but overall, the dollar has to decline against something, and that something is really just gold and silver.

To get past the bargaining stage, invest over half of your assets or net worth into silver and gold.

4. Depression

This is not about economic depression, it’s about your feeling depressed and sad over the death of the dollar. Many people erroneously believe that if the dollar dies that there will be economic calamity (because that’s the lie that supports the dollar), but recent history shows that’s not true. After gold went up in 1980, it was economic boom times, as so much fraud was wrung out of the system.

Also, when the dollar really dies, many people who receive government entitlements will become despondent…[because they] do not feel they are on the dole. They [actually] feel entitled to the money. They are still in denial, and still voting to make sure they get the handouts like social security, etc. Hey seniors, social security is bankrupt. Congress raided the funds years ago, and there is zero money backing it up these days; they are printing new money to pay you, and this won’t last forever. When that flow of funds is cut off, people are going to be depressed, and until they get jobs, so will the economy.

To help deal with that stage, buy silver. If you are on any sort of fixed income, or government assistance, you need to buy silver more than anyone else, because silver will keep you fed when the flow of funds is cut off.

5. Acceptance

Eventually, you will realize that we will all be better off without the dollar. Debts will be wiped out. Banks and usury slavery will collapse. Government size, largesse, corruption and theft will dramatically decrease. Businesses will flourish. It’s not like after war, when entire cities, buildings, and people will be destroyed; but rather, ownership of assets will simply change hands, and life will go on…

The dying dollar can’t be saved – but individual people, who have stacks of dollars, still can be saved; just get them into silver!

Conclusion

[As you can see from the above] I strongly advise you to take possession of real gold and silver, at anywhere near today’s prices, while you still can. The fundamentals indicate rising prices for decades to come, and a major price spike can happen at any time.

*http://news.silverseek.com/GoldIsMoney/1320691016.php

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